New Issue: Credit Suisse sells $1.22 million digital buffered notes tied to S&P 500

Chicago, March 30 – Credit Suisse AG, London Branch priced $1.22 million of 0% digital buffered notes due Aug. 4, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 85% buffer level, the payout at maturity will be par plus the maximum settlement amount of $1,200 for each $1,000 principal amount.

Otherwise, investors will lose 1.1765% for each 1% decline beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital buffered notes
Underlying asset:	S&P 500 index
Amount:	$1,218,000
Maturity:	Aug. 4, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains or if it falls by up to 15%, $1,200 for each $1,000 principal amount; otherwise, 1.1765% loss for each 1% decline beyond 15%
Initial level:	2529.19
Buffer level:	85% of initial level
Pricing date:	March 17
Settlement date:	March 24
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22551NVC7

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